peepee » 23 May 2020, 11:04 am » wrote: ↑
...in order to truly 'comm'unicate we must have a 'comm'on understanding of words/definitions/concepts...i believe 'anarchy' to be an impossibility...'an' a prefix meaning 'without'...'archy' = rule..so literally, 'anarchy' = 'without rule'... it is my understanding that with humans there are always going to be 'rules'...it's what we do...for example, i think you understand that if USFEDGOV left right now there would be all kinds of **** looking to 'rule'...maybe a 'local strongman'...maybe the hell's angels on the highways...etc. gangs galore...
...as a 'minarchist' i support 'minimum rule'... VIGOROUSLY DEBATED transparent, EGALITARIAN 'rules'...
Worth a read
https://www.unz.com/article/financial-follies/
He notes problems with the "gold standard" and how "legal tender" was widely abused to FORCE creditors to accept "bank notes," which eventually became worthless because of the "boom and bust" caused by the overextension of private credit
His solution is interesting - he suggests designing a "metric" for the currency we use (such as the fact that a gallon of gas back in 1920 = a gallon of gas in 2020; a "gallon" is easily quantifiable/measurable) and vigorously enforcing its value based on said metric.
Also mentions bank counterfeiting the money supply into existence - seems to be a "monetary realist" with a slightly different take on the "solution" compared to what you proposed